For the quarter ending 2026-02-28, BABB has $4,766,494 in assets. $1,328,145 in debts. $2,109,433 in cash and cash equivalents.
| Balance Sheets | 2026-02-28 | 2025-11-30 | 2025-08-31 | |
|---|---|---|---|---|
| Cash | 2,109,433 | 2,153,597 | 2,031,735 | |
| Restricted cash | 237,759 | 156,625 | 395,025 | |
| Trade accounts and notes receivable (net of allowance for credit losses of 49,350 in 2026 and 49,350 in 2025) | 55,968 | 57,548 | 80,538 | |
| Marketing fund contributions receivable from franchisees and stores | 19,923 | 19,930 | 22,797 | |
| Prepaid expenses and other current assets | 79,340 | 112,475 | 89,718 | |
| Total current assets | 2,502,423 | 2,500,175 | 2,619,813 | |
| Property, plant and equipment (net of accumulated depreciation of 160,113 in 2026 and 159,814 in 2025) | 2,898 | 3,197 | 3,497 | |
| Trademarks | 461,445 | 461,445 | 461,445 | |
| Goodwill | 1,493,771 | 1,493,771 | 1,493,771 | |
| Definite lived intangible assets (net of accumulated amortization of 147,816 in 2026 and 146,745 in 2025) | 12,169 | 13,240 | 14,248 | |
| Operating lease right of use | 293,788 | 308,768 | 323,392 | |
| Total noncurrent assets | 2,264,071 | 2,280,421 | 2,296,353 | |
| Total assets | 4,766,494 | 4,780,596 | 4,916,166 | |
| Accounts payable | 60,005 | 8,477 | 1,774 | |
| Income tax payable | 42,998 | 0 | 67,708 | |
| Accrued expenses and other current liabilities | 212,199 | 328,561 | 279,249 | |
| Contract liabilities - current-Marketing Fund | 244,498 | 169,033 | 403,895 | |
| Contract liabilities - current-Franchise | 19,846 | 24,937 | 21,203 | |
| Current portion operating lease liability | 57,452 | 55,315 | 53,222 | |
| Total current liabilities | 636,998 | 586,323 | 827,051 | |
| Operating lease liability | 255,806 | 274,900 | 293,595 | |
| Deferred franchise revenue | 119,812 | 123,179 | 125,371 | |
| Deferred tax liability | 315,529 | 331,742 | 253,919 | |
| Total long-term liabilities | 691,147 | 729,821 | 672,885 | |
| Total liabilities | 1,328,145 | 1,316,144 | 1,499,936 | |
| Preferred shares -.001 par value 4,000,000 authorized no shares issued or outstanding as of february 28, 2026 and november 30, 2025 | 0 | 0 | 0 | |
| Common stock -.001 par value 15,000,000 shares authorized 8,466,953 shares issued and 7,263,508 shares outstanding as of november 30, 2025 and november 30, 2024 | 13,508,257 | 13,508,257 | 13,508,257 | |
| Additional paid-in capital | 987,034 | 987,034 | 987,034 | |
| Treasury stock | 222,781 | 222,781 | 222,781 | |
| Accumulated deficit | -10,834,161 | -10,808,058 | -10,856,280 | |
| Total stockholders' equity | 3,438,349 | 3,464,452 | 3,416,230 | |
| Total liabilities and stockholders' equity | 4,766,494 | 4,780,596 | 4,916,166 | |
BAB, INC. (BABB)
BAB, INC. (BABB)